First full fledged NFT collection on Polkadot with PVM

I have cooperated with talanted atrist who has worked for Nickelodeon to bring the first full fledged NFT collection right on Polkadot. 

The first full fledged NFT collection on Polkadot

The first fully unique art collection — 10,000 pieces 1/1 on Polkadot.

Why do I think we need it:

First of all — the PVM that will be developed and delivered soon (Q2) can significally expand the utility of DOT token. For now — token utilities are very poor for the average retail user, it is intended more for developers (Governance, Staking and Coretime). In my vision, by creating such islands of activity like my NFT collection, we can increase the usability of DOT.

Governance, Staking and Coretime the main functions of DOT token. Do we need to expand it? I believe — yes! Let's add functionality for average retail users too, let them have some fun here, because as I said before, current functions of DOT token is not really about fun, about building. 

I don’t want to say whether this is good or bad, I would prefer to say that we need to remember that the majority in our space are average users. 

We have been building for a long time, people from other chains even saying that Polkadot was built by builders for builders. So let's attract retail to our platform, let them study our blockchain by using it. This will show them the advantages of Polkadot over any other blockchain better than any advertising. The real experience > any form of advertising.

My NFT collection is just a small piece of puzzle of what we will provide to people with PVM. I believe that other builders and enthusiasts will expand the functionality of the DOT token by creating more activities on chain. By the way — more activity —> more transactions —> more fees to the treasury.

Besides, by attracting many new users to our ecosystem we will also increase healthy competition among developers (we already have a lot of parachains/rollups, but we can have even more) in the race for each user. I think that this is exactly how Polkadot game change season can be started - first new users will come because they are attracted by something interesting, for example minting nft, then they will see that their experience is no worse than on Solana. The transaction speed is the same, the cost of transactions is cheaper than on Ethereum, so the user will like his experience, he will go to check the apps and rollups available on Polkadot among which there are many useful bridges, protocols, defi, depin, rwa, etc.

 

Why me and my foundraising:

I worked in many projects during NFT boom in 2021-2023. I have a lot of experience:

Collabed with a lot of huge influencers such as @beeple (https://x.com/beeple) — 825k followers, @deekaymotion (https://x.com/deekaymotion) — 225k followers. 

The largest project that I managed is Lunar Project (https://magiceden.io/marketplace/lunar) — 10k NFT's sold, 2,000,000$ raised, 3,500,000$ trading volume (1 week).

My connections and my experience will be very needed in my strategy is to use not only Polkadot audience, but to go beyond our ecosystem and attract the attention of those who were not familiar with the Polkadot ecosystem before — SOL and ETH users. I would like to show them that our chain can work smoothly, quickly and cheaply. Although Solana has the last two advantages, for ETH users they may seem very significant (remember that the most popular gaming ecosystem MYTH was migrated to Polkadot because of this).

I think that a good start can become a trend, and many more creators and even just artists will want to do the same — create their own NFT collections or other onchain activities.

 

Why I made this request:

— I am creating a symbolic request for 1000 DOT to use in initial marketing, as well as for another main purpose - to find out how many people support my idea and whether the Polkadot community wants the appearance of a project of this format at all.

— Form the very first project audience from those who voted (no matter NAY or AYE), giving them a priority place in the future minting process (WL spots — all voters will be able to mint first and cheaper).

All other costs (including salaries, game development, art and promo) will be covered personally by me, not by the Polkadot treasury.

The request is created in advance because I need to hear from the community and start development to be ready launch right with PVM.

 

About my future NFT collection:

The art is a collaboration between the artist and AI. There will be 10,000 images(near to 10,000 new polkadot holders). I am going to create an NFT collection using PVM, one way or another it will work directly on the Polkadot chain (or on Polkadot Hub), not on the parachains. 

The minting will be through a contract, for the first time.

Many may mistakenly think that the NFT trend has lost popularity and passed, but look at MYTH — projects with gamified utilities are still working and are still very popular. Therefore, my collection will be supplemented with a simulation game in which 10,000 autonomous AI agents will interact with each other in the world. 

Basicly, each holder of my collection will be able to spectate their own agent (the one they minted). General supply of the collection will be deflationary, some NFTs will be burned at some point, due to the fact that one character will be able to, for example, fight with another — we don't know how AI will behave himself, but each NFT's will have unique traits of character traits. Because of this, the value of some NFT's will gradually increase. Along with the attention that will be received thanks to the continuous stream on YouTube of the world in which all the characters will exist.

All donations from streaming on YouTube (and not only donations) will make up the prize pool in DOT, which NFT owners will earn for staking. If you stake your NFT, you earn, but you also have a chance to lose your character forever.

The uniqueness of the project is that each art is completely unique 1/1. This has not been in any collection on Ethereum or Solana. It will appear on Polkadot for the first time.

In summary we have AI generated art in combine with AI utility, and that's all secured by Polkadot.

 

Just a short story:

I started my journey in crypto by minting NFT's on Ethereum blockchain. It was possible to do this on Solana too, but for a number of reasons all the hype was focused on Ethereum. And everything would have been so, but suddenly people began to notice that Solana was much faster and cheaper. Solana became a competitor to Ethereum. Just imagine this, Solana is now next to Ethereum, but in 2022 the gap was much wider. Yes, only in one area, but still better. Then people realized that Solana is better not only in minting NFT's, but also in minting meme coins. Imagine how many people Solana has absorbed from Ethereum, how many people have migrated to Solana from Ethereum. It was Solana season — the influx of users was colossal, and following the hype, developers came. No one was afraid that building here might not be profitable. Now imagine that we can try the same thing on Polkadot. 

 

UPDATE:

I like the idea with reward to the treasury based on benefits made by collection! By making this collection on Polkadot (although I can make it easier on Solana or Ethereum) I wish specifically Polkadot ecosystem will win from this!

Therefore, by creating a collection, I will be happy to create additional activity in the network, bring new users and fees from all transactions that Polkadot will receive.

It's worth remembering that just participating in this vote will provide a retroactive reward in the future in the form of a priority minting spot. And it's Polkadot users who get this, not Solana and Ethereum, which is where my marketing will be.

But I can increase the benefits for the Polkadot ecosystem from the launch of my nft collection. If I learn the technical aspect of how I could guarantee profit for the treasury, I would definitely come up with a reward system. For example, 1/10 of the collected funds from minting could potentially go to the Polkadot treasury. But I need to find out if this is possible and how I can do it better from a technical point of view.

Do not forget that I will not be able to allocate too much of a reward, since a lot of funds will have to go to salaries and utilities. I believe that the development of my nft collections in the long term will be better for the ecosystem as a whole than just a cash return. Since the better and more interesting the utility is, the more attention from other ecosystems I can focus on my collection, which will be based directly on Polkadot thanks to PVM.

 

The art: